BorgWarner posts 1% sales increase in Q1 2026, returns $185M to shareholders, secures 12 new awards
BorgWarner reported first-quarter 2026 net sales of $3.53 billion, a 1% year-over-year increase, while returning $185 million to shareholders and announcing 12 new business awards.
- $3,533 million
- $185 million
- $1.24
- 12
What Happened
BorgWarner's first-quarter 2026 net sales rose 1% to $3,533 million, though organic sales fell 4.2% excluding currency effects. Adjusted operating margin improved 50 basis points to 10.5%, driven by cost controls. The company returned $185 million to shareholders via share repurchases and dividends.
$3,533MUSD
Up 1% from Q1 2025; organic sales down 4.2%
$1.24per diluted share
Up 12% compared to $1.11 in Q1 2025
- Seven-year contract extension for engine and battery controllers with an off-highway maker.
- Multiple turbocharger extensions and a conquest award with a major European OEM.
- Conquest VTG turbocharger and EGR cooler awards with a European commercial vehicle OEM.
- DCT award with a Chinese OEM and VCT conquest award with a Japanese OEM for hybrids.
- Three eMotor awards with Asian OEMs for hybrids and EVs.
Why this matters
The results show how an automotive supplier balances cost control and shareholder returns amid a declining market, while expanding into data center and industrial products.
Terms in This Story
- Organic net sales
- Net sales excluding the effects of foreign currency, acquisitions, and divestitures.
- Adjusted operating margin
- Operating income adjusted for non-recurring items as a percentage of sales.
- Free cash flow
- Cash from operations minus capital expenditures.
- Non-comparable items
- One-time charges or gains not reflective of ongoing operations.
Summarised from the linked release; details can be imperfect — always verify against the original source.